If you won the Powerball today, what would you do with the $90 million dollars? While I’m not the first to tell you that you are definitely not going to win the Powerball – you have a 20 times greater chance of having identical triplets – it’s a great idea to think about what you…
Expecting a bonus or a raise? Read these tips before you start Googling timeshares in Cancun If you’ve got an end-of-year bonus or a well-deserved raise coming, it’s easy to think of it as “extra money” you can use to splurge on a trip to Mexico, a new phone, or a serious visit to the…
In November yet another firm fell victim to the growing Valeant fallout as Tiger Ratan Capital Fund LP fell 33% over the past three months, wiping out gains for 2015. Those losses stemmed from the fact that Valeant accounted for 20% of TRC’s U.S. holdings. But they weren’t alone. Many well-respected funds, including the mighty Sequoia…
When you hear the words Robo Advisors, what do you think of…? The Matrix? And does Financial Advisor conjure up a swaggering DiCaprio in The Wolf of Wall Street? Or maybe someone in a Brooks Brothers suit, describing products you barely understand? If you said yes to either, you’re not alone. One common fear about…
Does your financial advisor follow the Fiduciary Standard or the Suitability Standard? If you don’t know the answer without peeking – or calling your Lifeline – you’re not alone. A surprising number of people don’t know what these very important terms mean and whether their advisor is acting in their best interest. Aren’t all financial…
Donald Trump’s current net worth – as he would be the first to tell you – is estimated to be between $2 and $4 billion, most of which he made through inheritance and real estate investments, along with other business dealings. An article in National Journal recently took a look at what might have happened…
After the markets took an incredibly volatile ride on August 24th, zerohedge.com published this letter to CNBC from a millennial named Ryan, who wrote: “I’ve dipped my toes in the stock market this past year but after today’s action, I have to say I’m done. Forever. Gone. Don’t count on another dime of mine in the…
As the NFL season begins, millions of fantasy football fans are busy researching and drafting their teams. And this season, as in previous ones, fans will be wondering why some fantasy team managers just seem to have a knack for finding those sleepers and high upside players, while other managers routinely fail to understand and…
Compound interest is, simply put, the interest you earn on the sum of both your initial investment and the interest that investment has already earned. Why is it important? Because your two potential advantages when it comes to maximizing potential earnings over time are: The power of compound interest Investing regularly through market highs and…
With the wealth of information readily available online, it’s easy to feel that we’re all experts about everything. From scouring the finance blogs and Twitter for the latest “surefire” ways to beat the market, to diagnosing our aches on WebMD, to grilling along with Bobby Flay on YouTube, it can seem like we have almost…